{"id":336308,"date":"2020-02-06T11:26:38","date_gmt":"2020-02-06T05:56:38","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=336308"},"modified":"2020-02-06T11:58:34","modified_gmt":"2020-02-06T06:28:34","slug":"hpcl-dec-quarter-net-trebles-to-%e2%82%b9747-crore-on-inventory-gains","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-dec-quarter-net-trebles-to-%e2%82%b9747-crore-on-inventory-gains\/","title":{"rendered":"HPCL Dec quarter net trebles to \u20b9747 crore on inventory gains"},"content":{"rendered":"<p>Hindustan Petroleum Corporation Ltd (HPCL) on Wednesday reported trebling of net profit in December quarter as inventory gains made up for lower refinery margins.<\/p>\n<p>Net profit in October-December at \u20b9747 crore was higher than net profit of \u20b9248 crore in the same period a year-ago period , HPCL Chairman and Managing Director Mukesk K Surana told reporters here.<\/p>\n<p>\u201cIn Q3 of the last fiscal we had an inventory loss of \u20b93,465 crore. As compared, we made an inventory gain of \u20b9343 crore,\u201d he said, adding the inventory gains were partly offset by lower exchange gains.<\/p>\n<p>HPCL had a foreign exchange gain of \u20b982 crore in the December quarter as compared to a forex gain of \u20b9557 crore a year back, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Petroleum Corporation Ltd (HPCL) on Wednesday reported trebling of net profit in December quarter as inventory gains made up for lower refinery margins. Net profit in October-December at \u20b9747 crore was higher than net profit of \u20b9248 crore in the same period a year-ago period , HPCL Chairman and Managing Director Mukesk K Surana told reporters here. \u201cIn Q3 of the last fiscal we had an inventory loss of \u20b93,465 crore. As compared, we made an inventory gain of \u20b9343 crore,\u201d he said, adding the inventory gains were partly offset by lower exchange gains. HPCL had a foreign exchange [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-336308","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=336308"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336308\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=336308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=336308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=336308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}